Public Accounting Firm's Quality Control Standard In Risk-Based Perspective: Is It Important?

Antoni Siahaan; Rien Agustin Fadjarenie; Irwansyah; Desak Nyoman Sri Werastuti

doi:10.24912/ja.v28i3.1871

Authors

Antoni Siahaan Department of Accounting, Faculty of Economic and Business, Universitas Mercu Buana, Jakarta
Rien Agustin Fadjarenie 2Department of Accounting, Faculty of Economic and Business, Universitas Mercu Buana, Jakarta
Irwansyah Universitas Bengkulu, Bengkulu
Desak Nyoman Sri Werastuti Universitas Pendidikan Ganesha, Bali

DOI:

https://doi.org/10.24912/ja.v28i3.1871

Keywords: Covid-19 Pandemic; Auditor Experience; Auditor Industry Specialisation; Audit Risk; Audit Quality.

Abstract

Pandemic Covid 19 has impacted every business operation worldwide and increased business risk. Auditors' responsibility to provide audit quality has become more prevalent. This study aims to get empirical evidence of auditor experience, auditor industry specialisation, and audit risk on audit quality during the COVID-19 pandemic. The research methods used quantitative with a survey approach; data gathered by a survey of Auditor. The result finds that during turbulent economic situations, the need for auditor experience and auditor's industry specialists has increased to mitigate the audit risk. Auditor experience and auditor industry specialists were needed to promote audit quality with low audit risk. The study has proved that auditor experience, industry specialisation, and audit risk impact audit quality. Assessing the auditor and public accounting firm using quality control standards from risk-based perspectives is urgently required. Other studies may investigate the issues using qualitative methods to get a deeper understanding.

Author Biographies

Antoni Siahaan, Department of Accounting, Faculty of Economic and Business, Universitas Mercu Buana, Jakarta

ansian@gmail.com

Rien Agustin Fadjarenie, 2Department of Accounting, Faculty of Economic and Business, Universitas Mercu Buana, Jakarta

agustin.fadjarenie@mercubuana.ac.id

Irwansyah, Universitas Bengkulu, Bengkulu

irwansyah@unib.ac.id

Desak Nyoman Sri Werastuti, Universitas Pendidikan Ganesha, Bali

sri.werastuti@undiksha.ac.id

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